Port of South LouisianaTelestackBühler GmbHSailors SocietyViganCimbria
  • Telestack
  • Cimbria
  • Sailors Society
  • TBA Group
  • Vigan
  • Geneva Dry

Franman to promote Saudi’s IMI in Greece and Cyprus

Franman to promote Saudi’s IMI in Greece and Cyprus

(Posted on 07/06/24)

Athens-based Franman, a leading representative and supplier of premium equipment, parts, products and high-quality services to the shipping industry, has been appointed as the exclusive agent for Greece and Cyprus, by Saudi Arabia’s International Maritime Industries (IMI), the largest full-service shipyard in the MENA region.

The agreement makes Franman the sole agent responsible for promoting IMI's Maintenance, Repair & Overhaul (MRO) business to potential Greece- and Cyprus-based clients. IMI selected Franman for its expertise and long history serving these countries’ maritime sectors.

IMI’s fully integrated shipyard spans more than 11 million square meters and caters to a wide range of commercial vessels, including VLCCs, bulk carriers, tankers, offshore support vessels and offshore jack up rigs. Recognized as the largest and only yard in the MENA region capable of multiple MRO projects and large-scale new build programs including VLCCs, IMI’s tech-led infrastructure for New Build & MRO features state of the art facilities, multiple dry-docks and the largest ship lift facility in the world with a lifting capacity of 31,200 tons, that collectively enable unmatched service capacity and efficiency.

Costis Frangoulis, Founder and CEO of Franman, said: “Our partnership with IMI is a significant milestone in Franman’s 33-year-long solid track record of representing leading international service providers to the maritime sector. This agreement could bring about mutually beneficial opportunities for both Franman and IMI, ultimately enhancing the maritime capabilities across our regions. Franman’s clients in Greece and Cyprus seeking enhanced capabilities, sustainability alignment and a strategic location for their MRO needs now have access to one of the most advanced and sustainability-focused maritime facilities globally located strategically at a key maritime route closer to home. And with IMI's expertise and the extensive facilities of the shipyard, Franman could potentially tap into a broad range of maritime industries, from commercial shipping to offshore energy, bolstering our position as a key player in the maritime service sector.”

Feras Al-Sahan, Acting Chief Executive Officer, of IMI, said: “This partnership is another significant step in our journey to increase our geographical reach and deliver best-in-class services to global clients.  We are confident that through our collaboration, as the largest full-service shipyard in the MENA region, and Franman’s expertise and far-reaching market presence in Europe, we can jointly unlock opportunities for the maritime sector and in turn spur economic growth. We recognize the evolving needs of shipping companies to ensure operational efficiency and business continuity. We are excited to support our prospective clients via IMI’s state-of-the-art integrated shipyard, where we not only provide ship and rig building capabilities, but also deliver MRO services. This collaboration will also be enhancing scalability of our operations and offering world class facilities in the region to new global clients”.

Latest News

New Nuclear for Maritime takes centrestage with record attendance

(Posted on 19/06/24)

Over 350 delegates registered for CORE POWER's landmark New Nuclear for Maritime Summit held in London... Read more


AI tools key to the 'urgent action' needed to meet IMO climate targets

(Posted on 19/06/24)

Yarden Gross, CEO and Co-founder of maritime technology start-up Orca AI, is championing the rapid,... Read more


Torbjørn Gjervik appointed Western Bulk CEO

(Posted on 19/06/24)

Western Bulk Chartering AS to has announced the appointment of Torbjørn Gjervik as Chief Executive... Read more


INTERCARGO condemns deadly attacks on bulk carriers

(Posted on 14/06/24)

Following news that a seafarer has died and another has been seriously injured in the latest Houthi... Read more


Ecomar delivered to AtoB@C Shipping

(Posted on 14/06/24)

ESL Shipping's subsidiary AtoB@C Shipping has on 13th June taken delivery of Ecomar, which is the third... Read more


GAC to acquire Quadrant Pacific’s ship agency business

(Posted on 14/06/24)

GAC Group, a leading provider of shipping, logistics and marine services in the Asia-Pacific market,... Read more


Onboard carbon capture relies on industry collaboration says DNV

(Posted on 07/06/24)

Onboard carbon capture (OCC) is attracting interest within the shipping industry, providing shipowners... Read more


Veson: Bulker newbuilding values at 15-year high

(Posted on 01/06/24)

Values for newbuild vessels of 180,000 DWT are up by c.5.45% from USD 66.09 mil to USD 69.63 mil according... Read more


NorthStandard annual review figures verify value of scale and reach

(Posted on 31/05/24)

Global marine insurer, NorthStandard, recorded increases in premium income, investment returns, and... Read more


VIKAND and Riverr forge srategic partnership

(Posted on 31/05/24)

VIKAND, the global leader in maritime healthcare, and Riverr, a pioneering AI deeptech start-up based... Read more


TMS Awards 2023Geneva DryPort of StocktonVan AalstTBA Group
  • Port of South Louisiana
  • Van Aalst
  • Bühler GmbH

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping